Options for Financing

Many people are able to pay for their new solar system with cash, but some folks will need an alternative option. Here are two good ones that you should know about:

Home Equity Line of Credit (HELOC):

• If you have equity in your home, you can leverage that to essentially give yourself a loan. 
• Some benefits of HELOCS:
  • No prepayment penalties
  • You only pay interest on the amount you use from what you borrow, not on the amount you borrow
  • You can do fixed or variable rates, and each have different benefits
• Find out more here: PVFCU Home Equity Line of Credit information

Solar Energy Loan:

• Access your ability to purchase a solar system with a short-term solar energy loan, with fixed and variable rates available. 
• Loan benefits:
  • Up to 100% financing with no money down
  • Secured by the solar equipment that's installed, not by the equity in your home
  • No prepayment penalties
  • Quick decisions (often within the day!) and competitive interest rates 
• Find out more here: PVFCU Solar Loan

Green Hill Solar and Park View Federal Credit Union are working together to provide our community with transparent and fair options for financing. After reviewing some of the other options available in the solar loan industry, we believe that PVFCU's offering aligns best with our ethics and values, and we highly recommend them to those who are looking for a loan.

Green Hill Solar is the only recommended solar installer by Park View Federal Credit Union.